USD/JPY Eyes 2016 High Amid Speculation for Larger Fed Rate Hike - DailyFX

USD/JPY looks poised to test the 2016 high (121.69) as the exchange rate tracks the rise in US Treasury yields.

Japanese Yen Talking Points USD/JPY clears the 2017 high (118.61) as Federal Reserve Chairman Jerome Powell shows a greater willingness to normalize monetary policy at a faster pace, and the exchang… [+3400 chars]

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